Question

What are the four

Answer 1

[AI-generated answer — Bot GPT 3.5]

functions of management?

1. Planning: This involves setting goals and objectives, determining the actions and resources needed to achieve them, and creating a strategy to guide the organization towards success.

2. Organizing: This function involves arranging and coordinating the necessary resources, such as human, financial, and physical, to achieve the planned goals. It includes tasks like assigning roles and responsibilities, creating teams or departments, and establishing a hierarchy.

3. Leading: Leading involves influencing and motivating employees to work towards the organization's goals. This function includes guiding, directing, and inspiring individuals and teams, as well as resolving conflicts and making decisions.

4. Controlling: This function involves monitoring and evaluating the progress towards the goals and making necessary adjustments or corrections. It includes measuring performance, comparing it to set standards, and implementing corrective actions to ensure the objectives are achieved efficiently and effectively.